Search results for wstETH
Crypto
Lido adds direct Ethereum staking across four layer2 networks
Liquid staking protocol Lido added a feature to its staking interface that lets users stake Ethereum on four layer2 networks: Arbitrum, Base, Linea and Optimism. Users receive wstETH on the network they already use without moving assets to Ethereum mainnet and back. The service is provided based on Chainlink’s Cross-Chain Interoperability Protocol. Deposited ETH is swapped via a dedicated liquidity pool and is ultimately staked on Ethereum mainnet.
Crypto
Anchorage Digital adds support for Lido liquid staking protocol
Anchorage Digital, a federally chartered U.S. crypto bank, has added support for Ethereum liquid staking protocol Lido. The integration gives institutional clients direct access on Anchorage’s platform to Lido’s wrapped staked ether token, wstETH. Clients can connect to Lido’s decentralised application to mint and burn wstETH, and can use Anchorage custody and governance controls. Anchorage’s CEO said the move addresses operational and security hurdles for large investors.
Crypto
Aave deploys V3 lending protocol and launches GHO stablecoin on Monad
Aave has deployed its V3 lending protocol on Monad and begun supporting 12 assets, including the GHO stablecoin. The Monad Foundation plans to provide $15 million in incentives during the first 12 months after service activation. The deployment applies Chainlink Smart Value Recapture from the start, returning part of value generated during liquidations to the protocol. The Monad Foundation will buy 10 million GHO and hold it for at least six months.
